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China: the Stock Exchange Authority suspends the automatic stop of trading

In the last week, the system that automatically blocks trading on the Chinese stock exchange has caused the early closing of the lists on two occasions with losses exceeding 7%. The Market Supervisory Authority suspends it, fully reactivated the trading activity in the Chinese stock exchanges.

China: the Stock Exchange Authority suspends the automatic stop of trading

The system that automatically blocks trading on the stock exchange in the event of excessive increases or decreases will be suspended starting tomorrow. This is the decision taken by the Chinese CSRC which has the task of supervising the financial markets.

The news was reported by the New China agency. We recall that in the course of the last week the system blocked Beijing's two main price lists on two occasions, the first occurred on Monday, the second today. In both cases, the Shanghai and Shenzen indices ended trading early after accumulating record losses of more than 7%. 

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